🔴 Hindustan Copper is trading 4% down today as government launches up to 6% stake sale

Hindustan Copper is trading at INR 551.10 (-4.01%) after the government launched an OFS for up to 6% of the company.

• The OFS has a INR 514 floor price, roughly 10% below the prior close.
• Non-retail bidding opened on August 25, 2026, creating near-term supply and pricing pressure.
• The move appears company-specific, with major indices broadly flat; no separate earnings or management announcement was identified.